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CSN MineracaoBSP:CMIN3 +4.33%72 Equity-to-Asset is 0.22 as of Jun. 2026, which is 52% below its 10-year median of 0.46. GuruFocus rates BSP:CMIN3 with a GF Score™ of 72/100 and a GF Value™ of R$5.21 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 634 Steel companies, CSN Mineracao ranks worse than 90.54% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CSN Mineracao's Total Stockholders Equity for the quarter that ended in Jun. 2026 was R$7,339 Mil. CSN Mineracao's Total Assets for the quarter that ended in Jun. 2026 was R$33,847 Mil.
Therefore, CSN Mineracao's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.22.
The historical rank and industry rank for CSN Mineracao's Equity-to-Asset or its related term are showing as below:
BSP:CMIN3'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.46 Max: 0.68
Current: 0.22
During the past 9 years, the highest Equity to Asset Ratio of CSN Mineracao was 0.68. The lowest was 0.20. And the median was 0.46.
BSP:CMIN3's Equity-to-Asset is ranked worse than 90.54% of 634
companies
in the Steel industry
Industry Median: 0.54
vs BSP:CMIN3: 0.22
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
CSN Mineracao Equity-to-Asset Related Terms
CSN Mineracao Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for CSN Mineracao's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BSP:CMIN3 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, CSN Mineracao's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CSN Mineracao Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, CSN Mineracao's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where CSN Mineracao's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
CSN Mineracao's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CSN Mineracao (BSP:CMIN3) has a Equity-to-Asset of 0.22 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CSN Mineracao and its competitors. This is 52% below median its historical median of 0.46. Over the past decade, CSN Mineracao's Equity-to-Asset has ranged from 0.20 to 0.68. According to the industry distribution chart, CSN Mineracao ranks #574 out of 634 companies in the Steel industry, placing it in the top 90.5%.
Is CSN Mineracao's Equity-to-Asset too high?
CSN Mineracao's current Equity-to-Asset of 0.22 is 52% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.68. The Steel industry median Equity-to-Asset is 0.54. CSN Mineracao's value of 0.22 is 59.3% below this industry median. Based on the distribution chart, CSN Mineracao ranks #574 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, CSN Mineracao has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CSN Mineracao's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, CSN Mineracao ranks #574 out of 634 companies for Equity-to-Asset. This places CSN Mineracao in the lower half of its industry. The industry median Equity-to-Asset is 0.54. CSN Mineracao's value of 0.22 is 59.3% below this benchmark. Historically, CSN Mineracao's own Equity-to-Asset has ranged from 0.20 to 0.68 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.54, CSN Mineracao has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CSN Mineracao's current Equity-to-Asset of 0.22 is 59.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CSN Mineracao and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSN Mineracao's current Equity-to-Asset is 0.22, which is 52% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSN Mineracao stock overvalued right now?
Based on GuruFocus' analysis, CSN Mineracao (BSP:CMIN3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$5.21, compared to a current price of R$5.78 — trading 10.9% above its estimated fair value. The current Equity-to-Asset is 0.22, which is 52% below median its 10-year median of 0.46 and 59.3% below the Steel industry median of 0.54. CSN Mineracao's overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For CSN Mineracao (BSP:CMIN3), the current Equity-to-Asset is 0.22 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CSN Mineracao (BSP:CMIN3) Overvalued in 2026?
Based on GuruFocus' analysis, CSN Mineracao stock appears to be overvalued.
The current stock price of R$5.78 is trading 10.9% above its estimated GF Value™ of R$5.21.
GuruFocus considers CSN Mineracao to be Modestly Overvalued.
Key valuation signals for BSP:CMIN3:
Equity-to-Asset: 0.22 (52% below median its 10-year median of 0.46)
GF Value™: R$5.21 vs. price of R$5.78 (10.9% above fair value)
Industry Position: 59.3% below the Steel median (#574 of 634)
No single metric tells the full story. See the BSP:CMIN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSN Mineracao SA is engaged in the steelmaking business. The company operates in steel, mining, cement, logistics, and energy segments. The product portfolio includes flat, long, steel packaging, steel cutting services, and others. The company operates in Asia, Europe, and the domestic country, with the majority of revenue from Asia.
72GF Score
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